Taxpayers contacted ahead of start of Scottish rate of income tax

AOL Money @sogomoney

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News Potential Scottish taxpayers will be contacted in the coming weeks as part of preparations for the introduction of the Scottish rate of income tax.The letters are intended to confirm the accuracy of HMRC’s records of taxpayers who live in Scotland and will pay the new rate in the 2016-17 tax year.They will be sent to around 2.6 million people.The… continue reading Read …

Peers attack restaurant chains which do not pass tips on to waiting staff

AOL Money @sogomoney

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News Peers have hit out at restaurant chains which do not pass customer tips on to waiting staff.Liberal Democrat Lord Rennard said that with Christmas coming customers may decide to be particularly generous to staff who served them well.But many would be unaware that “service charges paid by credit cards are the legal property of the employer and… continue reading …

Interest free periods at all time high: five major risks

AOL Money @sogomoney

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Credit Cards Interest-free periods on credit card purchases have never been so long. Over the past three years these periods have risen an incredible 69%, so that the market-leading card now offers 27 months interest-free.Research from GoCompare highlighted that back in 2012, the longest introductory period on the market was 16 months. Since then, the periods… continue reading Read Full …

Cyber Monday sales up – but Black Friday still leads the way

AOL Money @sogomoney

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News Cyber Monday traffic is up 9% on last year but is unlikely to beat Black Friday when shoppers shunned the high street to spend £1.1 billion online, according to experts.This year’s Black Friday bonanza was the first time in the UK that online retail sales surpassed £1 billion in one day.Experian-IMRG predicted £943 million will… continue reading Read Full …

Homebuyers mortgage approvals rose in October following drop

AOL Money @sogomoney

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News The number of mortgage approvals made to homebuyers edged upwards in October following a dip the previous month, Bank of England lending figures show.Some 69,630 mortgages with a collective value of £12.2 billion were approved for house purchase in October, marking the highest figure seen since 70,748 approvals were recorded in… continue reading Read Full Article

Cyber Monday 2015: Best deals for TVs

AOL Money @sogomoney

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Shopping & Deals Black Friday may be over and done with but Cyber Monday is still here and there are plenty of deals left to be made the most of!Take a look at a selection of the best offers on televisions, and see if you could save yourself some cash.TescoSamsung UE40JU6000 (£349): You can save a whopping £180 on this …

5 Year-End Financial Things To Do Before 2016

Money Ning @sogomoney

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The turkeys have been eaten and the trees are starting to go up. Christmas is right around the corner. While we’re all looking forward to one of the most magical holidays of the year, that also means that the new year is right around of the corner. Pretty soon, we’ll be making our new year’s resolutions. As you think about …

Black Friday brawls seen all over USA

AOL Money @sogomoney

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News Black Friday is a phrase that conjures up images of hoards of people fighting over stacks of cut price technology, clothes and accessories in a desperate quest for a massive bargain.Last year the UK entered into this tradition with enthusiasm, when the retail discount day made its way over from the United States and quickly swept the nation. There… …

You'll never believe what people leave behind when they move

AOL Money @sogomoney

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House Prices When you move house there’s always a bit of toing and froing over what’s going to be left behind. But while you may spend hours drawing up delicate agreements and arguing over whether the garden shed is really worth £500, a study has revealed that we overlook other things entirely. So when you move in, you could be …